Blockchain can be defined as a shared ledger, allowing thousands of connected computers or servers to maintain a single, secured, and immutable ledger.
Blockchain is a peer-to-peer decentralized distributed ledger technology that makes the records of any digital asset transparent and unchangeable and works without involving any third-party intermediary.
Blockchain is a powerful technology with applications in fields such as cryptocurrency, healthcare, insurance, government, music, identification, supply chain, data management, and many more
Algorand Foundation was created in 2017, by Silvio Micali and a team of scientists to process the volume of transactions needed for DeFi, financial institutions (FIs) and governments. Built on the tenets of an open, public and permissionless blockchain, Algorand provides a frictionless exchange of value along with next-generation financial products and protocols.
The Algorand Foundation, which leverages a stable, universal platform to further blockchain adoption, announced the creation of the Viridis DeFi Program, a 150 million Algo fund that will support DeFi innovation on its network. Altogether, the fund is worth approximately USD 300 million.
Choice Coin is an open-source digital asset, which is used to solve the decentralized governance problem. The decentralized governance problem refers to the complex process by which assets are allocated across decentralized networks.
A voting token for autonomous organizations, Choice Coin is built on the Algorand blockchain as an Algorand Standard Asset.
The goal for the Choice Coin Community is to support the Algorand Community in growing an open, collaborative, and borderless blockchain. Thus, the Choice Coin Network is intrinsically designed to draw new members and retain existing members on the Algorand Network through an optimized participation structure.
There are three main methods for participation in the Choice Coin ecosystem. The three main participation options are democratic involvement incentives, charitable contributions, and open innovation.
Additionally, Choice Coin’s inclusive strategy may be amended to include more participation options over time and is focused on creating new value on the Algorand Network.
To learn more about Choice Coin, kindly visit the links below!
Choice coin website
Choice coin white paper